Question
An analysis and aging of the accounts receivable of Watts Company at December 31 reveal these data: Accounts receivable $ 3200000 Allowance for doubtful accounts
An analysis and aging of the accounts receivable of Watts Company at December 31 reveal these data: Accounts receivable $ 3200000 Allowance for doubtful accounts per books before adjustment (credit) 200000 Total estimated uncollectible accounts at December 31 260000 What is the cash realizable value of the accounts receivable at December 31 after adjustment?
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Edp Auditing A Functional Approach
Authors: Albert J. Harnois
1st Edition
0132246848, 978-0132246842
